You might have seen ads about a new way to cash in your home equity with no interest or payments. Are they legit? Or is there also a foreign prince who needs your help and a million-dollar ...

Home equity loans this spring may be smart in some scenarios, but ill-advised in others. Here's what to consider.

Home equity loans and home equity lines of credit (HELOCs) allow homeowners to tap into the value of their homes. A home equity loan is a fixed-rate, lump-sum loan that allows homeowners to borrow up ...

If you own a condo, you've likely watched your property value climb over the past few years, even as higher mortgage rates and cooling home sales have reshaped the broader housing market. And with ...

The most common type of reverse mortgage, the Home Equity Conversion Mortgage (HECM), is backed by the U.S. Department of Housing and Urban Development. Homeowners must be 62 or older, have 50% or ...

One of the main benefits of homeownership is building up equity. While that equity can amount to cash in hand when it’s time to sell your house, you can also turn your home’s increased value into cash ...

Is a home equity loan right for you? You’ve been faithfully paying your mortgage for decades, watching your home’s value climb while your loan balance shrinks. Now that you’re approaching or already ...

How does a home equity loan work? First, it’s important to understand that the term home equity loan is simply a catchall for the different ways the equity in your home can be used to access cash. The ...

Yes, you can refinance both home equity loans (HELoans) and home equity lines of credit (HELOCs) — and if you borrowed during the 2023 rate spike, now might be the time to look into it. Home equity ...